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KOTTINGER GARDENS PHASE 1 GROUND LEASE - MAR 2016
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KOTTINGER GARDENS PHASE 1 GROUND LEASE - MAR 2016
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6/29/2017 8:39:08 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
3/1/2017
LONG TERM AGREEMENTS - NAME
KOTTINGER GARDENS PHASE 1 ASSOCIATES, L.P.
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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(d) Remedies Cumulative. No remedy provided in this Section shall be <br /> considered exclusive of any other remedy. but the same shall be cumulative and shall be in <br /> addition to every other remedy given hereunder or now or hereafter existing at law or in equity <br /> or by statute, and every power and remedy given by this Lease may be exercised from time to <br /> time and as often as occasion may arise or as may be deemed expedient. subject to any <br /> limitations referred to hereinabove. <br /> (e) No Election of Remedies. The rights given in this Section to receive, <br /> collect or sue for any rent or rents. moneys or payments. or to enforce the terms. provisions and <br /> conditions of this Lease, or to prevent the breach or nonobservance thereof, or the exercise of <br /> any such right or of any other right or remedy hereunder or otherwise granted or arising, shall not <br /> in any way affect or impair or toll the right or power of Lessor upon the conditions and subject to <br /> the provisions in this Lease to terminate Lessee's right of possession because of any default in or <br /> breach of any of the covenants, provisions or conditions of this Lease beyond the applicable cure <br /> period. <br /> (f) Survival of Obligations. Nothing herein shall be deemed to affect the <br /> right of Lessor to indemnification for liability arising prior to the termination of the Lease for <br /> personal injuries or property damage or in connection with any other Claim, nor shall anything <br /> herein be deemed to affect the right of Lessor to equitable relief where such relief is appropriate. <br /> No expiration or termination of this Lease by operation of law or otherwise, and no repossession <br /> of the Leased Premises or any part thereof, shall relieve Lessee of any of its obligations to <br /> indemnify and defend the Indemnitees pursuant to the provisions of this Lease, and all such <br /> provisions, and all of Lessee's accrued liabilities and obligations hereunder, shall survive such <br /> expiration, termination or repossession. <br /> (g) No Waiver. Except to the extent that Lessor may have agreed in writing, <br /> no waiver by Lessor of any breach by Lessee of any of its obligations, agreements or covenants <br /> hereunder shall be deemed to be a waiver of any subsequent breach of the same or any other <br /> covenant, agreement or obligation, nor shall any forbearance by Lessor to seek a remedy for any <br /> breach by Lessee be deemed a waiver by Lessor of its rights or remedies with respect to such <br /> breach. <br /> Section 12.3 Default by Lessor. <br /> (a) Events of Default. Lessor shall be in default of this Lease if it fails to <br /> perform any provision of this Lease that is obligated to perform or if any Lessor's <br /> representations or warranties is untrue or becomes untrue in any material respect. and if the <br /> failure to perform or the failure of such representation or warranty is not cured within sixty (60) <br /> days after written notice of the default has been given to Lessor. If the default cannot reasonably <br /> be cured within sixty (60) days, Lessor shall not be in default of this Lease if Lessor commences <br /> to cure the default within such 60-day period and diligently and in good faith continues to cure <br /> the default until completion. <br /> (b) Right to Cure: Lessee's Remedies. If Lessor shall have failed to cure a <br /> default by Lessor after expiration of the applicable time for cure of a particular default. Lessee, at <br /> its election, but without obligation therefor(i) may seek specific performance of any obligation <br /> 41 <br /> 191\52\1656915.8 <br /> OAK#4834-9609-1684 vI I <br />
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